Related topic: LTI

The policy change increases eligible customers' borrowing power by more than £200,000 in some instances.

Grant Hendry, director of sales at Foundation Home Loans, says brokers who understand how to navigate subtle criteria differences can unlock options that others might overlook,...

Nationwide has supported 23,000 first-time buyers via Helping Hand in the last 12 months.

Nathan Reilly, commercial director at Twenty7tec, says the rise in income multiples is not just a boost for buyers, it’s a moment where advisers can prove their value. 

Improvements to affordability assessments across the industry mean up to 65% more homes are within reach.

Products are available up to 80% LTV for purchase and remortgage.

The bank has increased its LTI multiple for first-time buyers earning over £35,000.

The lender has also reduced the minimum income requirement to £40,000 for customers seeking to borrow at 4.5x LTI and above.

The Society has introduced enhanced affordability to support remortgage borrowers.

Eligible customers with a 10% deposit may be able to borrow up to 27% more.